CS Executive · Economic, Commercial and Intellectual Property Laws · Competition Law
Which body serves as the Appellate Tribunal for the purposes of the Competition Act, 2002, hearing appeals against orders of the Competition Commission of India?
The National Company Law Appellate Tribunal, constituted under the Companies Act, 2013, is the Appellate Tribunal for the Competition Act, 2002. It hears appeals against directions, decisions or orders of the Competition Commission and also adjudicates compensation claims arising from its findings.
- ASupreme Court of India
- BNational Company Law Appellate TribunalCorrect
- CHigh Court of the State where the enterprise is located
- DSecurities Appellate Tribunal
Explanation
Section 53A provides that the National Company Law Appellate Tribunal constituted under the Companies Act, 2013 is the Appellate Tribunal under the Competition Act. The Securities Appellate Tribunal and High Courts are not designated for this purpose.
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